Team Inc. CEO Keith Tucker departs; receives $1.125M severance, $375K consulting fee, equity vesting

TEAM INC

CEO Keith Tucker departed Jan 31, 2026; termination was without cause.
Severance: $1.125M over 18 months, 2025 bonus, $19K health benefit.
28,055 time-based RSUs vest immediately; 196,384 PSUs vest with 78% proration.
Consulting: 12-month, $375K fee, limited to 10 hrs/month, paid over 6 months starting 18 months post-separation.
24-month non-compete and non-solicitation covenants apply.

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